Damage Measures and Incomplete Contracts
构建了一个允许未来状态和行动不完全指定的双边合同模型，考察了法院仅保护合理信赖支出下的各种损害赔偿措施，发现无论合同条款如何，预期损害赔偿措施均优于其他替代措施。
I present a model of two-party contracts that allows for incomplete specification of future states and actions. I examine various damage measures under the assumption that courts protect only reasonable reliance expenditures so that parties make efficient reliance choices. The expectations damage measure is preferred to the alternative damage measures no matter what the contractual terms are.